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M&A Deal Summary

Philips Electronics India Acquires Meditronics Healthcare Pvt

On December 1, 2008, Philips Electronics India acquired healthcare services company Meditronics Healthcare Pvt

Acquisition Highlights
  • This is Philips Electronics India’s 1st transaction in the Healthcare Services sector.
  • This is Philips Electronics India’s 1st transaction in the United States.

M&A Deal Summary
Date 2008-12-01
Target Meditronics Healthcare Pvt
Sector Healthcare Services
Buyer(s) Philips Electronics India
Deal Type Add-on Acquisition
Advisor(s) Ladderup Finance Limited (Financial)

Target

Meditronics Healthcare Pvt

Chinchpokli, United States
Meditronics, a leading manufacturer of General X-Ray systems targeting the economy segment in India.

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Buyer(S) 1

Buyer

Philips Electronics India

Hyderabad, India
Category Company
Sector Electronics
DESCRIPTION

Philips India Limited is a subsidiary of Royal Philips of the Netherlands, a diversified technology company focuses on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting.

DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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